Labour Unions Slam N48,000 Minimum Wage Offer, Demand N615,000

Labour Unions Slam N48,000 Minimum Wage Offer, Demand N615,000

NLC, TUC Reject Federal Government’s Proposed N48,000 as Insult Organised Private Sector’s N54,000 Offer Also Deemed Inadequate Unions Walk Out of Negotiations, Demand Living Wage of N615,000 Eko Hot Blog reports that in a scathing response to the federal government’s proposed N48,000 new minimum wage, the Nigeria Labour Congress (NLC) and the Trade Union Congress … Read more

IMF Reveals What FG Needs To Pay New Minimum Wage

Eko Hot Blog reports that the Federal Government may need to implement a supplementary budget to cover the proposed minimum wage increase for workers This is because the negotiated amount may surpass the budgeted amount in the original 2024 budget. Editor’s Picks  BREAKING: DSS Arrests Defendants In Dramatic Courtroom Raid Minister Sues Niger Speaker Over … Read more

Productivity-Based Pay On The Horizon For Nigerian Civil Servants

Naira Stability in Question

Federal government mulls productivity-linked wage system Workers on same grade level could earn different salaries Move aims to reward productive employees, says NPC DG Eko Hot Blog reports that, in a potential game-changer for Nigeria’s civil service, the federal government is considering implementing a productivity-based wage system. This revelation comes from Dr. Nasir Raji-Mustapha, the … Read more

Katsina Gov Radda: Minimum Wage Should Reflect States’ Economic Realities

Katsina Gov Radda: Minimum Wage Should Reflect States' Economic Realities

Governor Radda advocates for states to determine minimum wage based on revenue He argues federal government should set a minimum standard, not a fixed amount Radda highlights disparities in states’ financial capacities and workforce sizes Eko Hot Blog reports that amidst the ongoing debate over the proposed minimum wage increment, Governor Dikko Radda of Katsina … Read more

Governors Reveals Stands On Minimum Wage Implementation

Supreme Court

Eko Hot Blog reports that Governors have cautioned workers against having overly high expectations from the minimum wage negotiations. They stated that states will only implement sustainable wages but expressed commitment to improving salaries for workers. Editor’s Picks  Man Shot Dead During Fuel Queue Commotion In Lagos Senate Clears Air On Minimum Age Requirement For … Read more

Pursue Realistic Demands – Sule, Oshiomhole Urge Labour

Labour

Sule and Oshiomhole advise Labour on realistic wage demands, urging focus on industrial policies. NLC calls for N615,000 living wage; Sule and Oshiomhole stress affordability. Tinubu hints at new “living wage”; ongoing improvements in revenue allocation noted. EKO HOT BLOG reports that in a recent television appearance, Nasarawa State Governor Abdullahi Sule and Senator Adams Oshiomhole … Read more

Minimum Wage Hike: A Consensus On The Horizon — Oshiomhole

Minimum Wage Hike: A Consensus On The Horizon — Oshiomhole

Nigeria braces for a minimum wage increase Government, private sector in agreement on the necessity Workers’ demands for better wages heard loud and clear Eko Hot Blog reports that Senator Adams Oshiomhole has shed light on a prevailing consensus among stakeholders regarding the urgency of raising the national minimum wage. Speaking on Channels Television’s “Politics … Read more

FG Announces Date For Implementation Of New Minimum Wage

Tinubu Returns Equatorial Guinea

FG Announces Date For Implementation Of New Minimum Wage Decision made despite ongoing negotiations by the Tripartite Committee. Minister of State Labour confirms ongoing consultations for swift implementation. EKO HOT BLOG reports that Bola Ahmed Tinubu-led Federal Government has disclosed that the new minimum wage will take effect from May 1, 2024. EDITOR’S PICKS it BREAKING: … Read more

JUST IN: Nigerian Governor Increases Minimum Wage To ₦70,000

Eko Hot Blog reports that the Edo State Governor, Godwin Obaseki, has increased the minimum wage for workers in the State from ₦40,000 to ₦70,000. The governor made the announcement at the commissioning of the newly built ultra-modern Labour House secretariat complex for labour unions in the State, along Temboga Road, Ikpoba-Hill, Benin City. Editor’s … Read more

Lagos Govt Reacts To Reports Of N70,000 Minimum Wage For Workers

The Lagos governor was recently quoted to have announced a new minimum wage. However, the state government says he was erroneously quoted. It explains where the confusion emanated from. Eko Hot Blog reports that that the Lagos State Government has clarified that the state has not raised its minimum wage. The state government’s clarification is … Read more

₦615,000 Minimum Wage: NLC Presents Fresh Proposal To FG

minimum wage

  Organized Labour demands ₦615,000 as new minimum wage. Consensus reached through NLC and TUC consultations. Previous talk of ₦1 million wage set aside for ₦615,000, pending further discussions. EKO HOT BLOG reports that Organised Labour has demanded ₦615,000 as the new minimum wage for workers in the country. An executive of the organized labour, … Read more

FULL LIST: Nigeria Ranked Among Countries With Lowest Minimum Wage

Nigeria’s current minimum wage of N30,000 ($77) was signed into law in 2019 In the light of recent hike in food prices, their has been calls for minimum wage review by labour unions. Globally, Nigeria currently ranks among list of countries with lowest wage structure.   Eko Hot Blog reports that the minimum wage debate … Read more

Price Of Bag Of Rice, Beans, Other Food Commodities This Week

Rising Food Prices

Essential food price surge in Nigeria due to recent policy changes. Protests erupt across the country demanding minimum wage increases to cope with rising costs. Instances of looting reported as citizens struggle with affordability of staple foods. EKO HOT BLOG reports that the cost of essential food commodities such as rice and beans has surged significantly … Read more

May 1: Tinubu May Announce New minimum Wage On Workers’ Day

Tinubu Congratulates Oba Olusola

President Bola Tinubu may announce new wage on May 1, backdating it to April. National Minimum Wage Committee aims to finalize negotiations before May 1 deadline. Concerns arise as current minimum wage expires on March 31, but agreement unlikely by then. EKO HOT BLOG reports that there are indications that President Bola Tinubu might unveil the … Read more

‘Not Recognized’ – NLC Clarifies Stand On N500,000 Minimum Wage Proposal

minimum wage proposal

EKO HOT BLOG reports that the Nigerian Labour Congress has clarified its stance on the proposed N500,000 minimum wage, stating that it has not officially adopted a position regarding the amount to be presented to the tripartite committee on the new minimum wage for workers. In an interview with Punch in Yola, Adamawa State, NLC President … Read more

NLC Shifts Ground, Proposes N500,000 As New Minimum Wage

240% Electricity Tarrif Hike

EKO HOT BLOG reports that amid Nigeria’s challenges with soaring inflation and increasing living expenses, organized labor, spearheaded by the Nigeria Labour Congress (NLC), has put forward a bold proposal for a minimum wage of N500,000 for Nigerian workers. This proposal coincides with the commencement of zonal public hearings on the new wage structure across six … Read more

Reps Throw Weight Behind Upward Review Of Minimum Wage

Eko Hot Blog reports that the House of Representatives, has on Wednesday declared its support the idea of paying Nigerian workers the minimum wage that are appropriate to the present worldwide economic conditions. The House assigned its relevant committees in Labour and Employment, Finance, and National Planning the responsibility to devise strategies for compensating Nigerian … Read more

Organised Labour To Shift Grounds On Proposed N1 Million Minimum Wage

Minimum wage

EKO HOT BLOG reports that the Organised Labour is prepared to lower its demand for N1m minimum wage for workers in the country in line with realities on the ground. The President of the Nigerian Union of Local Government Employees (NULGE) and a member of the labour unions, Akeem Ambali, stated this in an interview. EDITOR’S … Read more

Bread Makers Set To Embark On Nationwide Strike

Eko Hot Blog reports that Bread makers and caterers in Nigeria have disclosed their plans to proceed on a nationwide strike as from February 27, 2024. This was made known in a statement by the Association of Master Bakers and Caterers of Nigeria (AMBCON). The National President of AMBCON, Mansur Umar, made this known in … Read more

Fresh Strike Looms As FG, NLC Meeting Ends In Deadlock

Minimum Wage

Eko Hot Blog reports that the meeting between the Federal Government and organised Labour to stave off the planned strike by the Nigeria Labour Congress and Trade Union Congress deadlocked on Monday night. According to PUNCH, the Minister of State Labour and Employment, Nkeiruka Onyejeocha, who hosted the parley in Abuja, could not convince the … Read more